Re Contract

Orad Hi-Tec Systems 31 October 2005 CANAL+ Chooses ORAD's Sports Graphics to Cover the French Premier League for the next three years. Orad Hi-Tec Systems (Symbol: OHT) announced today that CANAL+, one of Europe's largest broadcasters, has placed a substantial order. CANAL+ will purchase multiple TrackVision, CyberSport and CyberGraphics systems together with a three years' maintenance agreement, to enhance CANAL+'s coverage of the French Premier League. Under the agreement, Orad will provide CANAL+ with a total On Air Graphic graphics solution including on screen graphics, virtual offside lines and sport enhancement features. The systems will be used for the next three forthcoming seasons, covering 380 games per year, transmitted live on the CANAL+ Premium, CANAL+ Sport and Kiosque as well as CANAL+ satellite Pay Per View channels. Canal+ will produce part of the main games using Orad's high definition solutions. At the heart of the Orad solution to CANAL+ is its newly released TrackVision system. TrackVision is a proprietary system (for which a patent is pending) which allows offside lines during football matches to be generated instantly, based on a real time analysis of the video signal itself. No mechanical devices need to be mounted to the cameras. Using Orad's superior tracking technology, offside lines can be generated even in areas where the pitch lines are not visible. In addition, CANAL+ will utilize Orad's CyberSport system to enhance the match presentation further, using features such as virtual screens and distance measurements. The CyberGraphics platform will also be used for standard on screen graphics with an interface to the League's statistical system. The system CANAL+will deploy is based on Orad's DVG and HDVG rendering platforms. CANAL+ sports production department's TV Director said: 'Over the past few months we conducted a thorough analysis of the various alternatives and the Orad solution stands out as superior both in its ease of operation and its accuracy, as well as presenting inherent ability to evolve towards our future requirements. We hope that the partnership with Orad will expand into other areas of sports.' 'We are delighted that CANAL+ is adopting our sports solution' says Avi Sharir President and CEO of Orad. 'Orad has always been at the forefront of novel sports graphics solutions. We look forward to continue working with CANAL+ to develop new and exciting products for sports coverage. With this agreement, the French football league joins the Italian, Brazilian, Dutch, Portuguese, Spanish, English, Belgium, Turkish and many other leagues which have implemented Orad's sports solution for their football games'. About ORAD Founded in 1993, Orad is a world leader in TV production technology and rapidly increasing its position in the Virtual Reality industry. Orad's lines of products include virtual sets, on-air graphics systems, virtual advertising, sports production solutions and hardware for the Virtual Reality industry. Orad has received extensive worldwide recognition for its systems at a wide-range of events including the 1999/2000 Emmy Award for the 'Implementation of Real Time Virtual Imaging for Live Events on Television'. Orad is a publicly traded company in the Prime Standard on Frankfurt's Wertpapierborse Prime Standard and Alternative Investment Market of the London Stock Exchange (symbol: OHT). www.orad.tv For further information contact: ORAD Hi-Tec Systems Ltd Ofir Benovici, 972 9 7676 862 Director of Marketing ofirb@orad.tv Israel Shore Capital Graham Shore, London, UK 44 20 7408 4090 Haubrok Investor Relations Michael Kempkes, Frankfurt, Germany 49 211 30126102 This information is provided by RNS The company news service from the London Stock Exchange
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